a. What changes in the monetary base have occurred since October 2008? b. How does the Fed
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b. How does the Fed bring about an increase in the monetary base?
c. How did the increase in the monetary base change the quantities of M1 and M2? Why?
d. How did the change in monetary base influence short-term nominal interest rates? Why?
e. How did the change in monetary base influence long-term nominal interest rates? Why?
f. How did the change in monetary base influence long-term real interest rates? Why?
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Related Book For
Macroeconomics Canada in the Global Environment
ISBN: 978-0321778109
8th edition
Authors: Michael Parkin, Robin Bade
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